Rera Section 18, Return of amount with interest and compensation : Sulaiman Bhimani
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- Опубліковано 25 жов 2018
- Rera Section 18, Return of amount with interest and compensation:
Sulaiman Bhimani
(1) If the promoter fails to complete or is unable to give possession of an apartment, plot or building,--
(a) in accordance with the terms of the agreement for sale or, as the case may be, duly completed by the date specified therein; or
(b) due to discontinuance of his business as a developer on account of suspension or revocation of the registration under this Act or for any other reason,
he shall be liable on demand to the allottees, in case the allottee wishes to withdraw from the project, without prejudice to any other remedy available, to return the amount received by him in respect of that apartment, plot, building, as the case may be, with interest at such rate as may be prescribed in this behalf including compensation in the manner as provided under this Act:
Provided that where an allottee does not intend to withdraw from the project, he shall be paid, by the promoter, interest for every month of delay, till the handing over of the possession, at such rate as may be prescribed.
(2) The promoter shall compensate the allottees in case of any loss caused to him due to defective title of the land, on which the project is being developed or has been developed, in the manner as provided under this Act, and the claim for compensation under this subsection shall not be barred by limitation provided under any law for the time being in force.
Sulaiman Bhimani is Human Rights & RTI campaigner By Passion, legal Consultant, President of Citizens Justice Forum (NGO) Expert in RERA Act and Cooperative Spciety matters
"SAHAKAR BHANN" channel publishes programs in "Housing & Co-operative" general. It produces documentaries, seminor, interviews of the celebrities and people working at various Housing & Co-operative sector. We seek your support and feedback for producing intellectually stimulating and engaging digital content.
Very nicely explain with all details.super.
Thank you very much sir very well explained.
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NICELY EXPLAINED. THANK YOU SO MUCH.
Thanks Sir !
Thank you for nice explanation.
Will you make one video that how delayed penalty is calculated with example after judgement of Rera in fa our of buyers
Sir due to personal reason if i cancel and demand refund. Under which section or rera it falls.
Sir contractor ko agreement k baad pase de diye.pr vo ab kaam krne se mana kr h to ab kya kare
Sir, Are you doing service at Chennai apartments RERA cases?
Hello sir.. I booked flat under construction and as per agreement possession should be April 2019 and including Ammuninties April 2020 for grace period but still not completed construction. In agreement mentioned 2500rs per month compensation delay and delay payment asking for 18 percent monthly cumulative interest by builder . It's not RERA project. Please advise me I can get any justice
sir can we file complaint to both RERA and adjudicating officer on different grounds ?
Sir I booked flat in sohna with one lakh initial payment. I immediately cancelled before welcome email from crm team so no builder buyers agreement. How I can get refund? Pls guide
Sir, agar allotment letter mein possession date na likkhi hi to?
Sir kalyan mai ek project hai saket world more then 50 logo n book kiya tha 2009 mai at price 1600-1700 psft aaj 5500 ka rate hai but builder woh rate mai ready nhi hai dene k liye aaj ka rate bol rahe hai so kya kre
How to cancel plot and refund booking amount
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I purchased a plot from builder and land registry has been done,
Now builder is violating the agreement and not developing project as per T&C approved layout.
Should i demand return and by what process.
Please help.
Thank you very nicely explained
You are welcome
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What if the builder has madhe the agreement in 2011 and 80% amount is paid by buyer in 2012 and in 2015 builder has given the physically possesion but now not making the sell deed. What to do?/pls help..sir
1.5year delay Ho Gaya possation nahi mil raha hai Abhi bhi koyi chance nahi hai Kya kare
Sir, my builder is asking some more money and he would not agree registration without more money. According to agreement I had already paid all money but he asking more and more . What l do ? From - Kalyani,Nadia.
Sir
1. I have purchased a plot from builder, builder shows me the T&C approved layout, in that layout 25 feet wide road is sanctions in front of my plot, but now builder doesn't provide me the 25 feet wide road.
2. In the right side of my plot there is another plot which is last plot of that row,25 feet wide road is sanctioned in front of that also.but as it is the last plot builder silently allows the owner to encroach the road. & the owner constructed porch of his house on the road .
Registry has been executed.
So can I demand refund of my whole invested money??
Which act is applied in that matter?
Please help.
Sir maintenance charges ke liye ek video banao hamare builder ne sabhi se alag alag maintenance liya hai kisi se 50000 kisi se 80000 aur flat lene ke bad 2 sal baad sabhi se 2000 per month maintenance mang rahe hai sabhi se kya kare
Respected sir ,
Have a wonderful morning ,
I am trying to file a complaint to uprera on line from Canada did not go through then tried from india it did not go through either. Is there any other option ?
With regards ,
🙏
sir muje compensation kaise milega muje kaha aur kaise complaint larna hoga
karna hoga
Hello sir,
I had filled a rera case against builder regarding the delay, and the rera court has advised them to pay the compensation and interest, I have recieved the information through email, could you let me know what would be the next step that needs to be taken?
Builder lawyer has also recieved the same through email.
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Dear Sulaiman sir, very much informative and practical solutions briefed by you. I have the case in which I have given around 30% (cheque payment) of flat cost as a booking amount in March 2016 thereafter insisted builder for an agreement but they had some legal issues. At time of booking they told verbally the possession will be by end 2019. In between management has been revised or changed somewhere at end of 2017. When I checked project details in MAHARERA, possession mentioned by year 2023 which is too long and not worth to stay with this. In Sept 2018, I requested to cancel booking and refund of my principal amount, till date they have refunded me only 40% of booking principal amount that too with heavy one sided follow up. Now I am thinking to register complaint against builder in MAHARERA to get back my booking amount with interest.
Request you to pls guide and update me on said subject.
Many thanks.
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Sir
1. I have purchased a plot from builder, builder shows me the T&C approved layout, in that layout 25 feet wide road is sanctions in front of my plot, but now builder doesn't provide me the 25 feet wide road.
2. In the right side of my plot there is another plot which is last plot of that row,25 feet wide road is sanctioned in front of that also.but as it is the last plot builder silently allows the owner to encroach the road. & the owner constructed porch of his house on the road .
So can I demand refund of my whole invested money??
Which act is applied in that matter?
Please help.
Sir Maine ek plot book karake cancel v kara liya tha.
Company wale ne refund amount ka 3 month ka instalment paper v diya written me.
But 1 sal se upar ho gya paisa refund nhi kar rha hai
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If a alotee wants to quit a project can he get refund of stamp duty and registration amounts if the builder is guilty of delaying possession ?
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Sir 1 Q h hmlog Bmc k Tenents h C1 category me bldg demolition ho gyi h.bldr ko CC 2018 me mili h aur wo Rent b nh de raha h .kya hm Rera me complaint file kr sakte h .aur redevelopment work abhi tak chalu b nh kiya h.plz
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How to file rere agent return??
Builder agreement nahi dia hai.. 2016 ko ghar ki chavi dega bolatha. Lekin complete hi nahi huva hai.. Kya kare hum
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Does interest include compensation also? If no, how compensation is calculated and who is the competent authority to sanction it?
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Hi Sir,
I have booked a flat on June 2019 , At that time when my agreement was executed(June 2019),project was registered under RERA and had a completion date of 09, Oct 2019.In Rera official website also same has been updated. They have failed to deliver the flats till now (Nov 2019) with a lot of construction still to be done. Now the Builder got a extension from RERA for 1 year till Oct 2020. I bought a home loan and already i am paying interest around 6 months. Builders are not ready pay the interest too. Due to this extension, I have planned to cancel my booking. But the builder is saying you are layable for 20% cancellation charge from so far paid amount. In agreement one date is mentioned, but RERA given another deadline, then who is responsible for loss of buyers. Kindly suggest
+919867507387 call on this no Niraj Vishwakarma
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Hello how will I be able to take intrest on my clp plan. Deposited money as per builder demand since 2018 Dec. Some times 2.2 lac then 11lacs then 4.4 then 4.4.lacs total 21.5 lacs till date .from Tim to time deposited how will I get interest ?
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How to get in touch with you Sulaiman Bhimani Sir? I stay in Kandivali West Mumbai.
Sir, Int. Rate MCLR PLUS 2% KIS SECTION MAE prescribed hai ?
Rera rules me
सर मुझे compensation का इंटरेस्ट की receipt देने के वक्त बिल्डर 10% TDS कट करणे की बात कर रहा है ! क्या हे सही है या गलत ! चार साल delay हुवा है ( डिसेंबर16 ) और भी आगे तीन साल पुरा नही हो गा ऐसा बिल्डर के स्टाफ से मालूम पडा है ! तो मेरा 3लाख हर साल का इंटरेस्ट बिल्डर के तरफ हो रहा है !
मै प्रोजेक्ट मे बने रहना चाहता हु !
Sirji कृपया TDS के बारे मे सलाह दे !
Sir
I had booked 1 bhk flat in pune,agrrement process completed
Now I want to exit from this project can I get my amont refund
What percentage of amount i will receive
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Sulaiman ji shama chahta hoon par main aapki baat se sehmat nahi hoon. I have received judgement from rera that builder was supposed to hand over the property by 30.7.2020 but builder is not responding. Can you help me to get the recovery certificate and also help in execution of recovery certificate to get my money back .tks
Hi sir Mera naam richa h Maine lockdown offer me maine migsun group se 4086000/- Ka flat book Kia , jab flat Lia tab uski Kimat itni thi ab intieror ke naam pe 2.5 lac or bada Dia h , Maine 10% amount v jama kr dia h , Baar Baar paise badane ki wajah se cancel karana chahte h kya hamara paisa refund ho jayega Bina deduction
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Sir what about gst paid .... Will it will get refund too...
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RERA is there for builder not buyer
Sir my builder is promising that he will convert 2 bhk flats into 3bhk by doing internal modifications and adding balcony into rooms. Is it legal? Plz reply
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he will not convert it . he will dupe you . take an enginer with you and measure the exact area for confirmation. builder will say they increase area and convert 2 to 3 bhk but in reality they will give small rooms and not increse area and will charge saying that play this amount because they increase the area
Is anyone get refund in case od resale
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Builder is demending more money now ...
सर मैने एक फ्लैट बुक किया था बिल्डर ने टाइम पर फ्लैट नही दिया है मुझे अब मेरे पैसा रिफंड लेना है मुझे कुछ सलाह दीजिए सर कैसे रिफंड करवाना है
SIR, IN MY CASE RERA CHIEF GAUTAM CHATTERJEE FAVORED THE BUILDER. I HAD PAID FULL FLAT AMOUNT AND THEIR WAS DELAY FOR 36 MONTHS. GAUTAM CHATTERJEE OFFERED COMPENSATION OF 5 PERCENT OF 100 PERCENT AMOUNT.
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Sir, please help for how to get refund booking amount
Please contact rera consultant Mobile No. 8618328286
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सर नमस्ते
Sir hmara to paisa le k bhag gayi shine city scam ..plz kuchh sugetion digiy
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8928372392
Hello sir
Sir jiii mujha rera ki total knowledge cheya please i am advocate neelam Choudhary
Thanku. Subscribe to my channel for even more videos & Share Link: Kishor Kanade
9619335130
RERA refund nahi dila sakta.It is totally depend on builder
मैं राजस्थान से हूँ मेने RERA रजिस्टर्ड प्रोजेक्ट में विला खरीदने हेंतु (एक लाख) 100,000 रूपये बिल्डर को बुकिंग हेंतु दिए, विला की कीमत 16,00,000 रूपये हैं, बिल्डर के साथ एग्रीमेंट करने से पहले मैंने फाइनेंसियल रीज़न से बुकिंग कैंसिल करवाई है, बिल्डर रिफंड देने से मना कर रहा है, इसके बिल्डर तीन कारण बता रहा है ___१. बुकिंग कैंसिल एक महीने के पहले नहीं करवाई, २. बुकिंग का GST जमा करवा दिया है , ३.हमारी कंपनी नॉर्म्स के हिसाब से बुकिंग कैंसिल करने पर रिफंड नहीं करते.
मुझे कहा शिकायत करनी चाहिए ..?? RERA नॉर्म्स के अनुसार मुझे रिफंड मिल सकता है क्या.. .?? कृपया मुझे इस सम्बन्ध में जानकारी देने की कृपा करे. .....!!!!
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Have you got refund?
But RERA One Of The Bad Authority
Sir aapka mobile number de dijiye
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8928372392
Respected sir ,
Have a wonderful morning ,
I am trying to file a complaint to uprera on line from Canada did not go through then tried from india it did not go through either. Is there any other option ?
With regards ,
🙏